Catom Annual Report 2023 EN

The loan is repayable in annual instalments of at least 20% of the original principal. The interest rate is based on 3 Month Euribor plus a surcharge.

The movements in interest rate derivatives can be specified as follows: €

2023

2022

Further liabilities

Balance as at 1 January

494,450

505,283

Purchase of interest derivatives

116,378

0

Change in value of interest rate derivatives

1,021,647

-10,833

Balance as at 31 December

1,632,475

494,450

24. Receivables from group companies & taxes and social security contributions The receivables are due within one year. No interest is charged on receivables from group companies. Last year, taxes and social security contributions are entirely related to corporation tax to be recovered. The other receivables comprise receivables of € 2,340,000 from participating interests. 25. Cash and cash equivalents The cash and cash equivalents present on 31 December 2023 are at the company’s free disposal.

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